Leases (Tables)
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9 Months Ended |
Sep. 30, 2026 |
| Leases [Abstract] |
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| Schedule of Information Related to Company's Leases and Lease Expense |
Information related to the Company’s leases is presented below as of September 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | September 30, | | December 31, | | | | | | Classification | | 2026 | | 2025 | | Right-of-use assets: | | | | | | | Operating leases | Operating lease right-of-use assets | | $ | 46,118 | | $ | 49,249 | | Finance leases | Premises and equipment, net | | 952 | | 1,035 | | Total right-of-use assets | | | $ | 47,070 | | $ | 50,284 | | Lease liabilities: | | | | | | | Operating leases | Operating lease liabilities | | $ | 56,215 | | $ | 60,556 | | Finance leases | Borrowings | | 1,050 | | 1,127 | | Total lease liabilities | | | $ | 57,265 | | $ | 61,683 | Weighted average remaining lease term (in years) - operating | | | 10.5 | | 10.9 | Weighted average remaining lease term (in years) - finance | | | 8.61 | | 9.35 | | Weighted average discount rate - operating | | | 3.74 | % | | 3.68 | % | | Weighted average discount rate - finance | | | 1.76 | % | | 1.76 | % |
The components of total lease expense included in the consolidated statements of income were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | | September 30, | | September 30, | | Classification | | 2026 | | | 2025 | | | 2026 | | | | 2025 | | | | | Operating lease costs: | | | | | | | | | | | | | | Amortization of right-of-use asset | Occupancy and equipment | | $ | 1,942 | | | $ | 2,023 | | | $ | 5,740 | | | | $ | 5,846 | | | | | Short-term lease cost | Occupancy and equipment | | 85 | | | 70 | | | 224 | | | | 229 | | | | | Variable lease cost | Occupancy and equipment | | 317 | | | 333 | | | 1,179 | | | | 1,302 | | | | | Loss (gain) on lease terminations | Occupancy and equipment | | — | | | 265 | | | (42) | | | | 265 | | | | | Finance lease costs: | | | | | | | | | | | | | | Interest on lease liabilities | Interest expense on borrowings | | 4 | | | 6 | | | 14 | | | | 16 | | | | | Amortization of right-of-use asset | Occupancy and equipment | | 28 | | | 28 | | | 83 | | | | 83 | | | | | | | | | | | | | | | | | | Sublease income | Occupancy and equipment | | (205) | | | (214) | | | (622) | | | | (634) | | | | | Total lease cost | | | $ | 2,171 | | | $ | 2,511 | | | $ | 6,576 | | | | $ | 7,107 | | | |
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| Schedule of Maturity Analysis of Operating Lease Liabilities |
A maturity analysis of operating and finance lease liabilities and a reconciliation of cash flows to lease liabilities as of September 30, 2026 is as follows: | | | | | | | | | | | | | Operating | | Finance | | Leases | | Lease | | | | | | September 30, 2027 | $ | 8,870 | | | $ | 125 | | | September 30, 2028 | 8,077 | | | 127 | | | September 30, 2029 | 7,042 | | | 128 | | | September 30, 2030 | 6,431 | | | 130 | | | September 30, 2031 | 6,416 | | | 132 | | | Thereafter | 32,161 | | | 490 | | | Total undiscounted future minimum lease payments | 68,997 | | | 1,132 | | | Less: imputed interest | (12,782) | | | (82) | | | Lease liabilities | $ | 56,215 | | | $ | 1,050 | |
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| Schedule of Maturity Analysis of Finance Lease Liabilities |
A maturity analysis of operating and finance lease liabilities and a reconciliation of cash flows to lease liabilities as of September 30, 2026 is as follows: | | | | | | | | | | | | | Operating | | Finance | | Leases | | Lease | | | | | | September 30, 2027 | $ | 8,870 | | | $ | 125 | | | September 30, 2028 | 8,077 | | | 127 | | | September 30, 2029 | 7,042 | | | 128 | | | September 30, 2030 | 6,431 | | | 130 | | | September 30, 2031 | 6,416 | | | 132 | | | Thereafter | 32,161 | | | 490 | | | Total undiscounted future minimum lease payments | 68,997 | | | 1,132 | | | Less: imputed interest | (12,782) | | | (82) | | | Lease liabilities | $ | 56,215 | | | $ | 1,050 | |
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